Apostolides James E 4

What Happened

• James E. Apostolides, Chief Infrastructure & Performance Officer at Baker Hughes (BKR), had 3,939 restricted stock units (RSUs) convert to shares on January 26, 2026. Of those, 1,283 shares were withheld to satisfy tax withholding obligations at $56.29 per share (total ≈ $72,220). The net shares delivered to him from this vesting were 2,656 shares (3,939 vested − 1,283 withheld).
• This was a routine vesting/settlement of equity awards (not an open‑market purchase or sale). The filing shows conversion/exercise of derivative awards (code M) and tax withholding (code F).

Key Details

• Transaction date: January 26, 2026; Form 4 filed January 28, 2026 (timely).
• Shares involved: 3,939 RSUs vested/converted; 1,283 shares withheld for taxes at $56.29/share (≈ $72,220); net 2,656 shares received.
• Footnotes: Each RSU represents the right to receive one share. These shares represent the final installment of a three‑year annual vesting schedule from the January 24, 2023 grant.
• Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = shares withheld to cover tax liability.
• No indication of a 10b5‑1 plan or open‑market sale in this filing.

Context

• This was a standard equity award vesting and tax withholding (common executive compensation event). The withholding of shares to cover taxes is an administrative step and should not be read as a directional buy/sell signal.